Home About Archives RSS Feed

Adams Woman Convicted of Credit Union Embezzlement

Staff Reports
iBerkshires

BOSTON — An Adams woman and former credit union employee was convicted on Jan. 17 of embezzling nearly $160,000 and making false entries into the books of the credit union.

Patricia Piscioneri, 67, pleaded guilty before U.S. District Judge Michael A. Ponsor to a 30-count indictment charging her with embezzlement of funds by a credit union employee and false entries.

She faces up to 30 years in prison to be followed by five years of supervised release and a $1 million fine.

While employed as the manager of the former Adams Municipal Employees Federal Credit Union (AMEFCU) between 2001 and 2005, Piscioneri embezzled credit union funds by creating fraudulent loan accounts in the names of credit union members and depositing the proceeds of these fraudulent loans into her own account(s), her husband's account(s), or other family members' account(s), or used the proceeds to pay off previously obtained fraudulent loans.

In an attempt to avoid detection, Piscioneri created fraudulent loan documentation, such as loan applications and promissory notes, and forged signatures on the fraudulent loan documentation. Additionally, Piscioneri created false entries in the AMEFCU accounting system and advanced the payment due dates of the fraudulent loans.

Sentencing is scheduled for April 25, 2013.

U.S. Attorney Carmen M. Ortiz and Richard DesLauriers, Special Agent in Charge of the Federal Bureau of Investigation Boston Field Division, made the announcement. The case is being prosecuted by Assistant U.S. Attorney Michelle L. Dineen Jerrett of Ortiz's Health Care Fraud Unit.

0 Comments
     
News Headlines
Pittsfield Continues to Debate Junk Car Ordinance
North Adams Bike Path Plans Draw Complaints, Praise
Q&A: Bosley Makes Her Case at Williamstown Candidates Forum
Lawrence Lowers Course Record at Stamford Valley
Tanglewood Wraps Up Classical Season; Shanghai String Quartet at Music Mountain
Tyler Street Community Mural Unveiling Slated for Saturday
North Adams Council OKs Selling Pownal Land, Rejects Salt Yard Offer
Cheshire to Meet With State Over Dam Removal
Massie Seeks to Bring Long-term Solutions in Bid for Governor
Q&A: Blackmer Takes Her Turn at Williamstown Candidates Forum

Police Logs

Pittsfield Police

North Adams

Crimewatch Links

North Adams CrimeWatch

Stamford/Clarksburg CrimeWatch

Pittsfield CrimeWatch

Emergency: 911
Adams 413-743-1212
Clarksburg 413-663-7795
Cheshire 413-743-1501
Dalton 413-684-0300
Great Barrington 413-528-0306
Lanesborough 413-443-4107
Lee 413-243-2100
Lenox 413-637-2346
North Adams 413-664-4944
Pittsfield 413-448-9700
Richmond 413-698-3315
Stockbridge 413-298-4179
Williamstown 413-458-5733
West Stockbridge 413-232-7938
State Police  
Cheshire Barracks
413-743-
4700
Lee Barracks 413-243-0600
Shaftsbury, Vt., Barracks 802-442-3263

 



Categories:
Adams (59)
Alford (0)
Becket (6)
Cheshire (16)
Clarksburg (36)
Dalton (5)
Egremont (2)
Florida (6)
Great Barrington (22)
Hancock (5)
Hinsdale (3)
Lanesborough (23)
Lee (13)
Lenox (11)
Monterey (0)
Mount Washington (0)
New Ashford (5)
New Marlborough (1)
North Adams (193)
Otis (2)
Peru (2)
Pittsfield (222)
Pownal (13)
Readsboro (13)
Richmond (7)
Sandisfield (3)
Savoy (5)
Sheffield (2)
Stamford (30)
State (1)
Stockbridge (5)
Tyringham (1)
Washington (1)
West Stockbridge (1)
Williamstown (68)
Windsor (3)
Archives:
August 2017 (8)
July 2017 (19)
June 2017 (10)
May 2017 (13)
April 2017 (19)
March 2017 (20)
February 2017 (8)
January 2017 (3)
Tags:
Assaults Police Investigation Injuries Crime Watch Robbery Shooting Drugs Vehicle Homicide Buglaries Motor Vehicle Accident Veremko Armed Robbery Missing Persons Pedestrians Assault Motor Vehicle Larceny Rape Cocaine Murder Firearms Fatal Fraud Accident Heroin Structure Fire Mvi Hit & Run Fire Stabbing Break-ins Drug Charges Police Search
Popular Entries:
Great Barrington Crashes Leave Two Dead
North Adams Woman Killed in Route 2 Crash
North Adams Man Crashes SUV Into Home
Man Killed by Bull in Clarksburg
North Adams Man Arraigned on Child Porn Charges
Fatal Accident Closes Route 8 in Adams
Kincaid Pleads Guilty to Aggravated Rape
Cariddi Auto Sales Burns
New Ashford Crash Turns Fatal for Williamstown Man
Drug Ring King Sentenced to Cedar Junction
Recent Entries:
Superior Court Briefs: Aug. 14 - Aug 17
Customer Halts Robbery of East Street Video
North Adams Man Accused of Stabbing Pizza Driver Arraigned
Pittsfield Man Injured After Firework Explodes In Hand
Pittsfield Anti-Crime Unit Arrests Man on Drug, Firearm Charges
Superior Court Briefs: Aug. 1 - Aug. 3
10 Arrested for Blocking Roads Near Sandisfield Gas Pipeline Project
Body of Bash Bish Falls Victim Recovered
Body of New York Man Deemed Unrecoverable at Bash Bish Falls
Superior Court Briefs: July 21 - July 27